Algorand’s [ALGO] mission to leave other blockchain networks behind while processing decentralized and traditional transactions faster has reached another level. In its latest release which a large part of its community considered impressive, Algorand announced that there has been a major upgrade to its mainnet.  The new update would allow ALGO to process 6,000 transactionsContinue reading “How Algorand’s fast, furious upgrade could render it untouchable”

BNB [BNB] marked a promising performance lately, which has induced more hope for the token’s investors. In the last 24 hours, BNB registered more than 5% gains. This made the altcoin one of the top gainers in the top 10 crypto-list by market capitalization. At the time of writing, BNB was trading at $278.74 withContinue reading “BNB: This new update can be a game changer for profit-seekers”

The cryptocurrency market, since its inception, has been open to doubt and speculation. Just recently, two U.S. Federal Reserve officials have asked for additional laws to be formed especially for stablecoins. Cryptocurrency activities require more regulatory control, according to Michael Barr who stands to be a former Ripple Labs consultant and vice chairman for supervisionContinue reading “Did Fed officials call for serious need of stablecoin regulations”

Terra Classic [LUNC] had been on the death bed for a few months after the massive Terra crash. However, the altcoin recently showed massive signs of revival. The token registered more than 100% gains, making it one of the top gainers of the last month. The same trend seems to be continuing in September. AtContinue reading “Terra Classic investors may be off to a bull party as LUNC is heading…”

Bitcoin [BTC] has been witnessing some turbulences in the last few days. The price of the king coin and other cryptocurrencies dropped on 5 September. At press, the king coin was changing hands at $19,307 after noting a 2.99% increase over the last day. However, in the past seven days, it declined by 3.85%. So whyContinue reading “Bitcoin: What experts think of BTC’s price trajectory in 2022”

Bored Ape Yacht Club [BAYC] month-on-month (MoM) performance has been nothing to be thrilled about. Not only has the NFT collection declined in profitability, but buyers also seem to have lost interest in owning one of them. For most, the global NFT market drop was a concrete reason. But how do you explain that oneContinue reading “How BAYC’s recent disappointment left ApeCoin [APE] in disarray”

South Korea is making a statement as it is making its stance on the cryptocurrency world crystal clear. As of 6 September, the country’s top financial regulator revealed plans to launch a distinct digital securities market. This will be a separate entity from the Korea Composite Stock Price Index (KOSPI).  South Korea is making thisContinue reading “South Korea is getting serious on crypto securities- Here’s how”

Bitcoin [BTC] investors did not expect that the king of cryptocurrencies would have any other plans despite a bullish start on 6 September. Unfortunately, the coin was unconcerned about the excitement and fell from its initial high of $19,979 to trade at $18,739 at press time. This price was the lowest BTC had hit sinceContinue reading “Bitcoin plunges below $19K, leads <$1T market decline but..."

Thailand’s Securities and Exchange Commission (SEC) filed a police complaint against cryptocurrency exchange Zipmex. The complaint was filed after the exchange failed to deliver information related to transactions. The Thai SEC released a statement related to the matter at hand. The regulatory authority further accused Zipmex and Mr. Eklarp Yimwilai, the CEO of its ThaiContinue reading “Zipmex stands in a fix as Thailand’s SEC pulls exchange in legal battle”

Exactly one year ago on 7 September, El Salvador President Nayib Bukele laid out a vision for his people. A vision to revolutionize his country’s economy and reimagine foreign remittances by leveraging the power of Bitcoin [BTC].  In the following weeks, Bitcoin experienced a massive bull run which saw the king of crypto reach anContinue reading “El Salvador: One year of BTC legal tender, here’s how Bukele fared”

Polygon [MATIC] had revealed earlier in April 2022 that it was working towards reducing the carbon emissions that emerge from its network. According to the company, achieving the goal of being carbon negative was vital to its “Green Manifesto.”  In a new turn of events, Polygon may have the Ethereum [ETH] Merge to thank. TheContinue reading “Polygon: 99.1% of carbon emissions could be eradicated, thanks to…”

The International Monetary Fund (IMF) released a new research report on cryptocurrencies. The report stated that cryptocurrencies are no longer “niche products.” Furthermore, regulators must coordinate to introduce an efficient way to regulate cryptocurrencies in the market. The report was co-authored by Marina Moretti and Aditya Narain, assistant director, and director at IMF’s Monetary andContinue reading “Crypto no longer a niche product? Here’s what the IMF says”